The Pohlad family acquired PAR Systems, a robotic automation leader, to expand into new business areas and drive growth in industries like aerospace and medical devices.
PAR Systems opened a new facility in Toulouse, France, to support its growing European business, offering services in aerospace, nuclear, defense, and automation.
PAR Systems acquires CAMotion to strengthen its material handling business with innovative robotic technology for automation, palletizing, and crane motion control.
PAR Systems celebrated the opening of a new 46,800 sq ft facility in Shoreview, MN, to support global projects like Fukushima and Chernobyl decommissioning.
PAR Systems partners with NASA's Kennedy Space Center for non-destructive testing and aerospace services, leveraging 52 years of expertise and advanced equipment.
PAR Systems begins construction of a new 43,200 sq ft manufacturing facility in Shoreview, MN, to expand its capacity for large specialty equipment and growth.
PAR Systems acquires OakRiver Technology to expand its Life Science and Process Automation group, enhancing automation solutions for medical and industrial clients.
PAR Systems has been acquired by MML Capital Partners, with senior financing from M&I Bank. PAR provides specialized automation for aerospace, defense, and more.
PAR Systems is moving its headquarters and Robotics division to a new facility in Shoreview, MN, consolidating three locations for better efficiency and growth.